Dominican Republic

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From $2000

5-7 days

Dominican Republic

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ISO 4217

Santo Domingo

Dominican Republic

Spanish and Dominican Creole

11,332,972

DOP

Dominican Peso

Delivery

Shipyards

IBC Shipyard (by IB Nautica Group)

54, Marina Casa de campo Ave. de la Marina, La Romana 22000, Dominican Republic

+1 809-449-3324

Frequently Asked Questions

FAQ: Yacht Registration in the Dominican Republic

Who is eligible to register a yacht in the Dominican Republic?
Both Dominican citizens and foreign nationals are eligible to register a yacht in the Dominican Republic. Foreigners may need to establish a local entity or appoint a local representative to manage the registration.
What are the benefits of registering a yacht in the Dominican Republic?
The Dominican Republic offers competitive registration fees, a straightforward process, and a location in the Caribbean with access to prime yachting destinations. It is also an appealing option for those seeking a regional hub for private or charter use.
What types of yachts can be registered in the Dominican Republic?
A wide variety of vessels can be registered, including private yachts, commercial yachts, and vessels under construction.
What documents are required for yacht registration in the Dominican Republic?
Required documents include:Proof of ownership (Bill of Sale or Builder’s Certificate)
Proof of identity (for individuals) or certificate of incorporation (for companies)
Tonnage certificate from a recognized surveyor
Proof of seaworthiness or survey report
Previous registration certificate (if applicable)
Application form for registration
How long does the registration process take?
The registration process in the Dominican Republic typically takes 7 to 10 business days, depending on the completeness of the submitted documents.
Can a foreign individual or company register a yacht in the Dominican Republic?
Yes, foreign individuals and companies can register a yacht, but they may be required to establish a local representative or entity.
What are the costs of registering a yacht in the Dominican Republic?
The costs vary based on the yacht’s size and intended use (private or commercial). There is an initial registration fee, as well as annual tonnage-based fees for renewing the registration.
Is it possible to register a yacht under construction?
Yes, the Dominican Republic allows for the registration of yachts under construction, provided the required documents and conditions are met.
Are there any annual fees for yacht registration in the Dominican Republic?
Yes, yachts are subject to annual renewal fees based on their gross tonnage and type of use.
Can I register a mortgage on a yacht in the Dominican Republic?
Yes, you can register a mortgage on a yacht in the Dominican Republic, which is essential for securing financing for the purchase or construction of the vessel.
What inspections or surveys are required for registration?
Yachts may need to undergo a survey by a recognized authority to assess their tonnage and seaworthiness. This is especially important for commercial yachts.
Is dual registration allowed in the Dominican Republic?
No, dual registration is not permitted. A yacht must be registered exclusively under the Dominican flag.
Can I fly the Dominican Republic flag once my yacht is registered?
Yes, once the registration is complete, you are entitled to fly the national flag of the Dominican Republic on your yacht.
What are the tax implications of registering a yacht in the Dominican Republic?
The Dominican Republic offers relatively low taxes for yacht registration. However, taxes on imported yachts or yachts used commercially may apply, and it is advisable to consult a local tax expert for specific details.
How do I renew my yacht registration in the Dominican Republic?
Yacht registration must be renewed annually. The renewal process involves submitting a renewal form and paying the applicable fees, which are based on the yacht’s size and use.
What happens if I sell my yacht?
If you sell your yacht, the new owner must update the registration under their name, and the necessary documents must be submitted to the Dominican maritime authorities.
Where can I get more information on yacht registration in the Dominican Republic?
For more information, you can contact the Dominican Republic’s Maritime Authority (Autoridad Marítima Dominicana) or consult with a local legal expert specializing in maritime law.

Requirements:

Eligibility: The yacht must be owned by a Dominican citizen, resident, or a foreign national/company. Foreigners may need to appoint a local representative or establish a local company to handle the registration.
Proof of Ownership: A Bill of Sale, Builder’s Certificate, or other documents that clearly demonstrate ownership of the yacht.
Proof of Identity: For individual owners, a valid passport or national ID is required. For companies, a certificate of incorporation and proof of legal entity status.
Tonnage Certificate: A tonnage measurement certificate from an approved surveyor, verifying the yacht’s size and gross tonnage.
Seaworthiness Certificate: A document certifying that the yacht is fit for navigation, issued by a recognized surveyor, especially for larger or commercial yachts.
Previous Registration Certificate: If the yacht was previously registered in another jurisdiction, a deletion certificate from the former registry must be provided.
Radio License: If the yacht is equipped with radio communication equipment, a valid radio license is required.
Application Form: A completed yacht registration application form provided by the Dominican Republic’s Maritime Authority (Autoridad Marítima Dominicana).
Payment of Fees: Payment of the applicable registration fees, which are calculated based on the yacht’s gross tonnage and intended use (private or commercial).
Local Representative: For foreign owners, a local representative or agent must be appointed to manage legal and administrative matters.

Document checklist:

Bill of Sale or Builder’s Certificate (proof of ownership)
Proof of Identity (passport or national ID for individuals)
Certificate of Incorporation (if the yacht is owned by a company)
Tonnage Measurement Certificate (from an approved surveyor)
Seaworthiness Certificate (for large or commercial yachts)
Previous Registration Certificate (if the yacht was registered elsewhere)
Deletion Certificate (from the previous registry, if applicable)
Radio License (if the yacht has radio equipment)
Completed Application Form (from the Dominican Republic Maritime Authority)
Appointment of Local Representative (for foreign owners)
Payment Receipt (for registration fees)